Etsy Will Handle $400 Million Worth Of Business This Year

Etsy, the eBay for arts and crafts, is set to see $400 million worth of business on its site this year, the New York Times reports.

Of that $400 million, Etsy's slice of revenue will be in the range of $30-$50 million. It generates revenue from listing fees, processing fees, and other fees like prominent display for what people are selling.